Explainer: U.S.-China trade war – the levers each country can pull
WASHINGTON (Reuters) – President Donald Trump and Chinese President Xi Jinping will seek to revive talks to end a trade war when they meet on Saturday on the sidelines of…
Explainer: How U.S.-China talks differ from any other trade negotiations
WASHINGTON (Reuters) – U.S. President Donald Trump and Chinese President Xi Jinping are set for a high-stakes meeting in Japan on Saturday that could salvage faltering trade talks or plunge…
Stocks advance to end first half as G20 in focus
NEW YORK (Reuters) – A gauge of global stocks climbed on Friday in advance of a meeting on trade between U.S. President Donald Trump and Chinese President Xi Jinping, as…
Gold soars to six-year high, stocks slide after Powell speech
NEW YORK (Reuters) – Gold soared to an almost six-year high on Tuesday on escalating U.S.-Iran tensions, while equity markets slid on disappointing economic data and uncertainty on whether the…
UPS will not join FedEx lawsuit against U.S. government
(Reuters) – United Parcel Service Inc said on Tuesday it would not join a lawsuit FedEx Corp filed against the U.S. government that argues FedEx should not be held liable…
Micron says some Huawei shipments resumed, shares rise
(Reuters) – Micron Technology Inc said it had resumed some microchip shipments to Huawei Technologies Co Ltd and still expects demand for its chips to recover later this year, sending…
Asia stocks slip after Fed tempers aggressive rate cut expectations
TOKYO (Reuters) – Asian stocks slipped on Wednesday and the dollar pulled back from three-month lows after Federal Reserve officials tempered expectations in the markets for aggressive monetary easing. FILE…
Opioid use booming as tramadol crisis emerges in Africa – U.N. drug report
VIENNA (Reuters) – Synthetic opioid use is booming, the United Nations said on Wednesday in a worldwide drug report that showed deaths in the United States from overdoses still rising…
FedEx confirms Huawei mail ban as new ‘mistake’ reignites Chinese ire
(Reuters) – FedEx Corp has apologized for another Huawei delivery “mistake,” reigniting Chinese ire and drawing the fire of state media which suggested the U.S. delivery firm could end up…
Exclusive: Dirty oil crisis over for Russia, but contagion felt on high seas
MOSCOW/LONDON (Reuters) – In the opinion of Russian officials, the oil contamination crisis that disrupted flows from the world’s second-largest exporter of crude this spring is long over. FILE PHOTO:…